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Midas Legacy Ltd

14350145

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

GROUND FLOOR, 5, LEICESTER, LEI 7RA
Incorporated 12/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Masoom Satish Bhatt

director · Since 13/09/2022

DENTIST

BRITISH · UNITED KINGDOM · Age 39

Also on 4 other boards

Mayur Satish Bhatt

director · Since 13/09/2022

DENTIST

BRITISH · ENGLAND · Age 39

Also on 7 other boards

Persons with Significant Control

Mr Masoom Satish Bhatt

25–50% shares

British · United Kingdom · Age 39

Ground Floor, 5, University Road, Leicester, LEI 7RA

Notified 22/09/2022

Mayur Satish Bhatt

25–50% shares

British · England · Age 39

Ground Floor, 5, University Road, Leicester, LEI 7RA

Notified 22/09/2022

Charges3 outstanding

Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 22/03/2024Registered 22/03/2024
Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 31/01/2023Registered 01/02/2023
Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 31/01/2023Registered 01/02/2023

CompanyRankvs 51134+ SIC 68100 peers
44

Financial strength85th percentile among SIC peers · 21/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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51134Midas Legacy Ltd
53
How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£113k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£41k

Current Liabilities

£1.3M

Fixed Assets

£1.4M

2avg. employees

Balance Sheet

Assets less current liabilities£113k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03+£88k
20230.04—

Derived from filed accounts. Not audited figures.